Annual report pursuant to Section 13 and 15(d)

Related Party Transactions (Notes)

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Related Party Transactions (Notes)
 12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
Related Party Transactions
QVC engages with CommerceHub, Inc., an approximately 99% owned subsidiary of Liberty, to handle communications between QVC and the vendors for drop ship sales and returns. During the year ended 2015, QVC paid CommerceHub for the related services totaling less than three million dollars, which did not have a material impact on QVC's financial position, results of operations, or liquidity.
On October 1, 2015, Liberty acquired all of the outstanding shares of zulily. zulily is an online retailer offering customers a fun and entertaining shopping experience with a fresh selection of new product styles launched each day. zulily is attributed to the QVC Group and the Company believes that its business is complementary to the Company. During the year ended 2015, QVC and zulily engaged in multiple transactions relating to sales, sourcing of merchandise, marketing initiatives and business advisory services. The transactions totaled less than a million dollars, which did not have a material impact on QVC's financial position, results of operations, or liquidity.
Also on October 1, 2015 QVC entered into an agreement with a third party to guarantee the existing letters of credit of zulily. The letters of credit maximum amount for zulily is $10.1 million. As QVC and zulily are entities under common control of Liberty, QVC has not recognized a liability for the guarantee based on accounting guidance in accordance with U.S. GAAP.